Monday, January 20, 2025

Economy

PM Issues Warning To FCIB Over Sale Of Antigua Branch

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Prime Minister Gaston Browne is warning the Canadian owned FCI Bank that it will not be granted permission to tell its Antigua branch unless...

National Asset Management Company Now Has Over 100 Million Dollars In Assets Since the...

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The National Asset Management Company, the investment arm of the Government, (NAMCO) shared financial statements in Cabinet meeting revealing it has assets that exceed...

Global Ports Begins Operations At Cruise Port In Antigua & Barbuda

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Global Ports Holding PLC on Thursday said it has commenced cruise port operations in Antigua following a completion of all final conditions to do...

Vendors To Be Removed As “Unsightly Huts” At East Bus Station Are Replaced

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An architectural plan to build an open-air food mart at the East Bus Station has been presented to Cabinet. The drawings show brightly-painted, sturdy and...

Gov’t Decides To Sell 10 Percent Of Its WIOC Shares To The Public

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The government announced today that it will sell-off the 10% of its share in the West Indies Oil Company to Antiguans and Barbudans, utilizing...

History made as UWI Five Islands officially accepts first students

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The University of the West Indies (The UWI) Five Islands Campus in Antigua and Barbuda, officially welcomed 147 students at its inaugural Matriculation Ceremony...

Antigua No Longer Wants Barbados’ Shares In LIAT

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Prime Minister Gaston Browne says he's told his Barbados counterpart that Antigua & Barbuda wants to invest $40 million in LIAT and as such...

Local Businessman Wants Banks To Help More

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Owner of the recently opened, Sherwin-Williams Paints at Cassada Paints and Supplies, Huey Wiltshire, wants the local banking sector to be more responsive to...

Scotiabank And Antiguan Government Put News Blanket On Negotiations

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The Antigua and Barbuda government and the Canada-based Scotiabank have agreed to a news blackout, regarding the discussions over the sale of the bank’s...

Government blames revenue shortfall for delay in paying public servants

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The Antigua and Barbuda government is blaming a shortfall in revenue for the delay in the payment of salaries to public servants last month. Prime...

India-Caricom Leaders’ Summit: PM Modi Announces $14 Million Grant To Caricom

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(Business Today) Prime Minister Narendra Modi met the leaders of the Caribbean Community and Common Market during the first-ever India-Caricom leaders' summit here, with a...

Gov’t To Write UNDP Over ‘Bureaucratic Hurdles’ To Barbuda Recovery

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The government of Antigua & Barbuda is blaming "bureaucratic hurdles" of the United Nations Development Programme (UNDP) for the state of readiness for a...

PM Backpedals On Sunday Work Decision

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Less than a week after it made a decision that would affect the pay of Sunday workers, the government says it has now changed...